Parametric Product Design
Payouts that trigger themselves.
We design parametric insurance products for space risks — trigger definition, data-feed plumbing, and pricing models — and bring them to Lloyd's syndicates and reinsurers as capacity partners.
If the event happens, the payment fires.
Parametric, in one paragraph
A parametric policy pays a fixed amount when a publicly verifiable event occurs — a launch slips more than 60 days, a solar storm exceeds a set intensity, a conjunction warning closes inside a set distance. No adjusters, no negotiation, no dispute over quantum. The trigger is the claim.
When the trigger condition fires, so does the payout.
From risk to trigger to capacity.
Risks the market can't price
New space risks arrive faster than actuarial tables. Orbital data-center ventures are already shopping for coverage the market doesn't know how to write. Indemnity products stall on that uncertainty; parametric ones don't have to.
Triggers built on public data
We define triggers on verifiable feeds — launch manifests, NOAA space-weather indices, conjunction data — and build the data plumbing that makes every payout automatic and auditable.
Priced for capacity
Trigger-probability models and structure documentation packaged for Lloyd's syndicates, reinsurers, and MGAs — so capacity can say yes to a risk it couldn't underwrite last year.
Who it's for
Structures for both sides of the slip.
Reinsurers & syndicates
Enter space risk through structures with defined, modelable payouts instead of open-ended indemnity.
MGAs
Launch a differentiated space product with trigger design and pricing already done.
Large operators
Cover what your indemnity policy excludes — schedule slip, space weather, conjunction events.
Engagements
Structured like the products we design.
Feasibility
Fixed fee
Can this risk carry a parametric trigger at all?
- Trigger-candidate analysis
- Data-feed assessment
- Go / no-go recommendation
Design
Per product
A complete structure, ready for capacity.
- Trigger definition and documentation
- Pricing model
- Capacity-partner introductions
Operate
Ongoing
We run the data plumbing behind the live product.
- Trigger monitoring
- Event verification
- Payout attestation
Bring us the risk. We'll design the trigger.
From orbital data centers to launch-slip covers — if it's verifiable, it's insurable.